88th Academy Awards
Oscar statuettes have been erected to decorate the 88th Annual Academy Awards in Hollywood. Join our live blog for the evening to make sure you don't miss a thing. (Photo taken February 24, 2016) Getty Images

The biggest night in the movie industry has finally arrived. Chris Rock is hosting the 88th annual Academy Awards and they’re laying out the red carpet for a slew of stars and big names in the business that are in attendance.

As fans and insiders alike gather to celebrate the best work of the past year in acting, directing, writing and more, viewers across the country are tuning in to see the action. Make sure you’re not left in the dark about the sure-to-be talked about night. To help make sure you don’t miss a winner, crazy acceptance speech, presenter flub, fall or anything else in the like, the International Business Times is providing live updates all night. So grab your favorite Oscars-themed cocktail and simply refresh this page periodically to catch all things Oscars 2016.

12:27 a.m. EST: Well, there you have it. At long last the 88th annual Academy Awards have come to a close. Thanks for sticking with the live blog and be sure to check back with IBTimes for more Entertainment coverage.

12:25: a.m. EST: Miss any of Leo's acceptance speech? @AmandaTVScoop has you covered.

12:14 a.m. EST: Here's what you need to know about tonight's best picture win from @Ja9GarofaloTV.

12:11 a.m. EST: Someone please get these people a chicken dinner.

12:09 a.m. EST: What a night.

Oscars 2016
Morgan Freeman closed out the 88th annual Academy Awards by announcing the winner of the best picture. Getty Images

12:06 a.m. EST: Did you lose count of how many awards "Mad Max: Fury Road" won? Well @ItsMegSchaefer didn't.

12:05 a.m. EST: For real, if we don't get some Girl Scout Cookies we might throw a tantrum.

12:04 a.m. EST: ICYMI

12:02 a.m. EST: Well the show may be over, but IBTimes still has some stuff coming your way. Stick with the live blog for a little while longer to get the most out of your Oscars experience.

12:00 a.m. EST: At long last, the final award of the night goes to "Spotlight," which takes home the highly coveted award for Best Picture in 2016.

11:59 p.m. EST: Awww yeah.

11:58 p.m. EST: What does Leo have to say after all this time?

"Climate change is real, it is happening right now, it is the most urgent threat facing our species and we need to collectively work together and stop procrastinating."

11:57 p.m. EST: He did it.

11:56 p.m. EST: And he starts his speech by thanking his opponents. Great guy that Leo.

11:55 p.m. EST: At long last, the Oscar goes to Leonardo DiCaprio for his role in "The Revenant" after being nominated six times. The actor received a standing ovation.

11:52 p.m. EST: OK everyone, this is it. Is it Leo's year or not?

11:51 p.m. EST: Too cute.

11:50 p.m. EST: Literally everyone likes Girl Scout Cookies.

11:49 p.m. EST: Looks like we're going to go into the morning hours folks. Stick with us because we don't sleep until it's done.

11:47 p.m. EST: And the Oscar goes to Brie Larson for her role in "Room." No surprise there.

11:44 p.m. EST: Eddie Redmayne is here to present the award for performance by an actress in a leading role to...

11:43 p.m. EST: Fun fact from IBTimes own @Ja9GarofaloTV. Iñárritu is the first director to win twice in a row since Joseph L. Mankiewicz in 1950.

11:42 p.m. EST: Among others.

11:40 p.m. EST: The repeat.

11:37 p.m. EST: And the winner of Best Director is Alejandro G. Iñárritu for the second year in a row. He now holds the trophy for "Birdman" and "The Revenant."

11:36 p.m. EST: J.J. Abrams is here to award the Best Director trophy. We're getting down to the big ones folks.

11:33 p.m. EST: Legends.

11:32 p.m. EST: "Why am I standing here?" - Oliva Wilde's thoughts.

11:30 p.m. EST: In case you were wondering, the 88th annual Academy Awards are running long. We stil have so much to go.

11:29 p.m. EST: Add this Ali G bit to the most-awkward moments list. Darth Vader wasn't even in "The Force Awakens"!

11:27 p.m. EST: Jimmy Napes and Sam Smith win the trophy for best original song for "Writing's On The Wall" from "Spectre. Smith dedicated the award to the entire LGBT community.

"I stand here as a proud gay man and I hope we can all stand here as equals one day."

11:25 p.m. EST: Powerful.

Oscars 2016
Lady Gaga performed at the 88th annual Academy Awards on Feb. 28, 2016 in Hollywood. Getty Images

11:22 p.m. EST: And the award for Best Original Score goes to Ennio Morricone for his work on "The Hateful Eight."

11:20 p.m. EST: So far there have been some pretty awkward moments. Check out this roundup from @nyltiaccc.

11:18 p.m. EST: ICYMI: Lady Gaga's very emotional performance at the 88th Academy Awards.

11:16 p.m. EST: Take a close look at this year's In Memoriam package courtesy of the academy.

11:14 p.m. EST: Survivors join Lady Gaga on stage with messages written on their arms encouraging others to stay strong. The performances receives a standing ovation.

11:12 p.m. EST: Lady Gaga is getting emotional on stage, this isn't her first emotional moment of the evening. @AmandaTVScoop has the story.

11:11 p.m. EST: "I will intervene in situations when consent cannot and should not be given. Let’s change the culture. We must and we can change the culture so that no abused woman or man, like the survivors you see tonight, will never have to ask themselves ‘what did i do?’ They didn't do anything wrong." - Joe Biden's pledge to young people to help end sexual abuse.

11:09 p.m. EST: Good heavens. Joe Biden gets a standing ovation at the 88th annual Academy Awards.

11:07 p.m. EST: As we enter the last half hour of the show (theoretically), the award for best foreign language film goes to László Nemes for "Son of Saul."

11:05 p.m. EST: And the award for Best Live Action Short Film goes to Benjamin Cleary and Serena Armitage for their work on "Stutterer."

11:04 p.m. EST: Jacob Tremblay just complimented Chris Rock on "Madagascar." Pushing him over the line of "cute" to "adorable."

11:03 p.m. EST: If he was really your man Chris Rock, you wouldn't need the prompter.

11:02 p.m. EST: Common on #OscarsSoWhite

11:01 p.m. EST: Same.

11:00 p.m. EST: Good job to Dave Grohl for his cover of The Beatles' "Blackbird" during this year's in memoriam.

10:57 p.m. EST: ICYMI

10:56 p.m. EST: Let's all take a moment for this year's In Memoriam. R.I.P. you wonderful collection of tallent.

10:55 p.m. EST: "The Oscars celebrate the story tellers that have the opportunity to operate in the medium of tv and film and with that opportunity comes responsibility." - Academy President Cheryl Boone Isaac

10:52 p.m. EST: Arnold Schwarzenegger posted a consolation video for his buddy and "Expendables" co-star Sylvester Stallone.

10:50 p.m. EST: Apparently Chris Rock's Girl Scout cookies stunt yielded $65,243, mostly from Suge Knight.

10:49 p.m. EST: Anyone catch Mark Rylance's shout out to his "Bridge of Spies" co-star Tom Hanks? @NKMass did.

10:47 p.m. EST: Cool poster.

10:45 p.m. EST: Man, those kids did not know where their marks were.

10:44 p.m. EST: "This is for the fans, Amy’s fans who loved her through thick and thin and that’s all she ever really needed.” - James Gay-Rees

10:43 p.m. EST: Moving right along, the award for Best Documentary Feature Film goes to Asif Kapadia and James Gay-Rees for their documentary "Amy."

10:40 p.m. EST: Sharmeen Obaid-Chinoy wins Best Documentary Short Subject for her work on "The Girl in the River: The Price of Forgiveness."

"This is what happens when strong women get together."

10:38 p.m. EST: "You came here winners and you’re leaving millionaires.” - Louis C.K. on the Best Documentary category.

10:37 p.m. EST: ICYMI: Kevin Hart had some kind words about this year's diversity issue.

Oscars 2016
Kevin Hart had some kind words to say about the diversity issue in 2016 at the show on Feb. 28, 2016, in Hollywood. Getty Images

10:35 p.m. EST: The other best supporting Mark.

10:34 p.m. EST: Don't worry fans of Sylvester Stallone, even Rocky lost the big fight in his first movie.

10:33 p.m. EST: Best Actor In A Supporting Role

10:32 p.m. EST: When Steven Spielberg wants a hug, you give him a hug. It doesn't matter if you're about to go accept your Oscar.

10:31 p.m. EST: And the Oscar for Best Actor In A Supporting Role goes to Mark Rylance for his role in "Bridge of Spies."

10:28 p.m. EST: Great performance.

Oscars 2016
The Weeknd performs his song from the "Fifty Shades of Grey" soundtrack at the 2016 Oscars on Feb. 28, 2016, in Hollywood. Getty Images

10:26 p.m. EST: These two.

10:24 p.m. EST: Chris Rock did a man on the street walk in Compton to ask people about the #OscarsSoWhite controversy.

10:23 p.m. EST: Now I want a cookie.

10:22 p.m. EST: We're approaching the last hour of the show. Who thinks the Oscars are going to run long like they did last year?

10:20 p.m. EST: Some serious pipes.

10:16 p.m. EST: The Weeknd is here to sing his hit "Earned It" from the "Fifty Shades of Grey" soundtrack. For sure the best musical performance of the evening.

10:15 p.m. EST: Oh the Oscars.

10:13 p.m. EST: "There are days you're going to feel sad, angry and scared. That’s nothing you can choose, but you can make stuff. Make films, draw, write, it will make a world of difference." - Pete Docter of "Inside Out."

10:11 p.m. EST: The Pixar stars are there to present the award for Best Animated Feature Film to Pete Docter and Jonas Rivera for "Inside Out."

10:10 p.m. EST: More animated characters are here. Buzz Lightyear (Tim Allen) and Woody (Tom Hanks) are here to celebrate 20 years of "Toy Story."

10:09 p.m. EST: Yeah, who in this audience is carrying cash?

10:07 p.m. EST: Good heavens, the Minions are on stage to present the award for Best Animated Short Film. And the winners are Gabriel Osorio and Pato Escala for "Bear Story."

10:06 p.m. EST: Chris Rock is playing hardball with the selling of Girl Scout Cookies this year. Tag-Alongs all the way.

10:04 p.m. EST: Check out Jacob Tremblay getting excited to see the droids.

10:02 p.m. EST: Backstage.

10:01 p.m. EST: "Star Wars" is always a welcome surprise.

10:00 p.m. EST: C-3P0, R2-D2 and BB-8 are on stage doing a bit. Everyone shut up right this instant!

9:59 p.m. EST: YES!

9:56 p.m. EST: Andrew Whitehurst, Paul Norris, Mark Ardington and Sara Bennett win Best Visual Effects for their work on "Ex Machina."

9:54 p.m. EST: Andy Serkis is on stage explaining the importance of motion capture technology before presenting the Best Visual Effects winner.

9:52 p.m. EST: "Mad Max" simply can't be stopped. Chris Jenkins, Gregg Rudloff and Ben Osmo take home the trophy for Best Sound Editing.

9:48 p.m. EST: And the award for Best Sound Editing goes to Mark Mangini and David White for "Mad Max: Fury Road," marking yet another win for the hit film.

9:45 p.m. EST: This one was a little awkward.

9:42 p.m. EST: Jack Black gets special recognition at the Oscars for his work in diversity. FINALLY!

9:42 p.m. EST: Margaret Sixel wins yet another Oscar for "Mad Max: Fury Road" for Best Editing.

9:40 p.m. EST: You all catch that sweet moment between Alicia Vikander and her boyfriend Michael Fassbender? @RebeckaSchumann did.

9:39 p.m. EST: Emmanuel Lubezki wins the Oscar for Best Cinematography.

9:36 p.m. EST: You think "The Walking Dead" is thinking about us too right now? Whatever, just keep watching.

9:35 p.m. EST: I don't think that man in the orange jumpsuit was the real Suge Knight, just saying.

9:34 p.m. ETS: Agreed. You should listen to this guy, he just won an Oscar.

9:31 p.m. EST: ICYMI: Jack and Rose from "Titanic" reunited on the red carpet. @ItsMegShchaefer has the story.

9:30 p.m. EST: Why was no on amused by the bear being in the audience? That was hilarious.

9:28 p.m. EST: Deleted scenes.

9:26 p.m. EST: And the award for Best Makeup and Hairstyling goes to Lesley Vanderwalt, Elka Wardega and Damian Martin for their work on, you guessed it, "Mad Max: Fury Road."

9:25 p.m. EST: "Mad Max: Fury Road" taking home back-to-back awards!

9:23 p.m. EST: Tina Fey and Steve Carell present the Oscar for Best Production Design to Colin Gibson and Lisa Thompson for their work on "Mad Max: Fury Road."

9:21 p.m. EST: "What another lovely day." - Jenny Beavan accepting her award with a quote from "Mad Max: Fury Road."

9:20 p.m. EST: The Oscar for Best Costume Design goes To Jenny Beavan for her work on "Mad Max: Fury Road."

9:18 p.m. EST: Adorable.

9:16 p.m. EST: ICYMI, Chris Rock dominated Hollywood's diversity problem with his opening monolog. @aaronlmorrison has the story.

9:14 p.m. EST: Did they play her off with "Ride of the Valkyries," or am I hearing things?

9:13 p.m. EST: She is going to need to take some seriously deep breaths after this speech. Redmayne too.

9:11 p.m. EST: Best Actress In A Supporting Role goes to Alicia Vikander for her role in "The Danish Girl."

9:09 p.m. EST: This.

9:08 p.m. EST: Tell us what you really think.

9:05 p.m. EST: Chris Rock is getting the Josh Gad stamp of approval.

9:04 p.m. EST: I don't want to admit it, but this may not be Sam Smith's best performance ever.

9:03 p.m. EST: Sam Smith is currently singing his hit "Writing's On The Wall" from "Spectre."

9:02 p.m. EST: Chris Rock

9:00 p.m. EST: Chris Rock, Whoopie Goldberg, Tracy Morgan and Leslie Jones come together to spoof some of this year's Best Picture nominees by adding black actors to them. Hilarious.

8:58 p.m. EST: Awkward.

8:54 p.m. EST: While that felt like a quick first half hour for the home viewer, Leonardo DiCaprio is probably still sweating. Check out this article from @AmandaTVScoop on his nerves on the red carpet.

8:52 p.m. EST: After a brief verbal tussle on stage, Ryan Gosling and Russell Crowe announce the winner for Best Adapted Screenplay to be Charles Randolph and Adam McKay for "Spotlight."

8:48 p.m. EST: I like seeing the hussel on the speech. Everyone should be at a light jog tonight so we don't run over the 11:30 p.m. end time.

8:47 p.m. EST: "Spotlight" wins the first award of the night for Best Writing Of An Original Screenplay.

8:46 p.m. EST: "The 'In Memoriam' package is just going to be black people that got shot on their way to the movies." - Chris Rock

8:45 p.m. EST: "Jada boycotting the Oscars is like be boycotting rihanna’s panties. I wasn’t invited! Although that’s not an invitation I’d turn down." -Chris Rock

8:44 p.m. EST: Oh my goodness! Chris Rock pulled no punches going after the #OscarsSoWhite controversy in his opening monolog.

8:32 p.m. EST: If you haven't watched every movie that's been nominated this year, that opening sizzle reel kind of covered it all.

"What a lovely day!"

8:30 p.m. EST: You think Chris Rock will comment on the #OscarsSoWhite controversy? Yeah, me either.

8:27 p.m. EST: Is it his year?

Oscars 2016
Leonardo DiCaprio on the 2016 Oscars red carpet on Feb. 28, 2016 in Hollywood. Getty Images

8:25 p.m. EST: Here we go, ABC is done with its red carpet coverage and it's time to finally start the show. Oscars 2016, here we go...

8:23 p.m. EST: That room looks pretty packed with just 7 minutes to go before the big show starts. Get your popcorn and Oscars cocktails ready. (Please drink responsibly).

8:21 p.m. EST: This Ryan Gosling and Russell Crowe interview is getting a little awkward.

8:20 p.m. EST: Like wine.

8:19 p.m. EST: Everyone in Hollywood seems to have complete faith in standup comedian Chris Rock as host of the Oscars.

8:17 p.m. EST: "Never let go."

8:15 p.m. EST: Anyone else feel like seeing the stage ahead of time kind of ruins the magic a bit?

8:13 p.m. EST: Just because you're celebrities doesn't mean you get to linger behind the camera. Am I right folks?

8:11 p.m. EST: Chris Evans brought his sister to the Oscars. What a total Captain America move.

8:10 p.m. EST: Yeah, Michael Strahan does curls with 8 pound weights.

8:08 p.m. EST: ICYMI, Lady Gaga is supporting Leo tonight. @AmandaTVScoop has the story.

8:05 p.m. EST: "The truth of the matter is, I feel blessed to do movies like this. Ive worked for almost 25 years in this industry and here I am representing a movie that I feel so particularly proud of. Not only that, but I’m here with my mother, this is a big show.” - Leonardo DiCaprio on his nomination.

8:01 p.m. EST: The first look at host Chris Rock is here. There's just a half hour left before he kicks off the big show.

8:00 p.m. EST: The tweet in question from Adele where she included a shout out to "Titanic."

7:58 p.m. EST: Speaking of Lady Gaga.

7:56 p.m. EST: "We’re grateful of the academy for giving us this world stage ro reward survivors.” - Lady Gaga on the 2016 Oscars red carpet.

7:54 p.m. EST: Reminder: this guy is nominated for an Oscar.

7:52 p.m. EST: Oscar controversy.

7:48 p.m. EST: "Chris Rock needs no advice from me because he is the greatest living American standup comedian.” - Tina Fey on the 2016 Oscars host.

7:45 p.m. EST: ICYMI:

7:42 p.m. EST: Indeed.

7:41 p.m. EST: You've only got so much time to study up on the nominees before the big show.

7:39 p.m. EST: Jard Leto on his way to the big show.

 

Me and Alessandro Michele @lallo25 on our way to the #oscars

A photo posted by JARED LETO (@jaredleto) on

7:37 p.m. EST: Matt Damon is convinced he'll finally get on "Jimmy Kimmel Live." However, Kimmel promises there are snipers on the roof.

"If he tries, God helphim."

7:36 p.m. EST: "That’s one of the great things about it is it caught on with audiences of many different ages. It even surprised I think us. It’s all gravy at this point.” - Matt Damon on "The Martian."

7:35 p.m. EST: Mischael Strahan is giving us a peek behind the wizard's curtain right now with Priyanka Chopra on the red carpet right now.

7:33 p.m. EST: Reminder, switch over from E! to ABC to continue following this live blog tonight.

7:31 p.m. EST: Lady Gaga is rooting for Leo, more to come.

7:30 p.m. EST: The danger has arrived.

Oscars 2016
Brian Cranston arrives at the 2016 Oscars red carpet on Feb. 28, 2016 in Hollywood. Getty Images

7:28 p.m. EST: They're talking about Oscar parties that we'll never be invited to. How dare they?

7:27 p.m. EST: Are the hosts interviewing each other? For real?

7:26 p.m. EST: Even celebrities want Leonardo DiCaprio to win an Oscar this year. @AmandaTVScoop has the story.

7:25 p.m. EST: "We have been focused on more inclusion inside our organization which is made up of 7,000 people all of whom work in the industry.” - Cheryl Boone Isaacs on the diversity issue at this year's show.

7:22 p.m. EST: Dressed for the occasion.

Oscars 2016
"Room" actress Brie Larson arrives at the 2016 Oscars red carpet on Feb. 28, 2016, in Hollywood. Getty Images

7:20 p.m. EST: Who wore it better?

7:19 p.m. EST: Anyone else think 8 p.m. is an early bed time for a 9-year-old? Am I old?

7:17 p.m. EST: Wait for it...

7:14 p.m. EST: "I grew up in small circumstances with a single mom in a small apartment. I realized this was a great opportunity for me to live a piece of my life as my mother." - Brie Larson on her movie "Room."

7:13 p.m. EST: Best Leading Actress nominee Brie Larson is here at last! Make sure you switch the TV over from E! to ABC to continue following this live blog for the rest of the evening.

7:11 p.m. EST: Olivia Munn has arrived

Oscars 2016
Olivia Munn arrives at the 2016 Oscars red carpet on Feb. 28, 2016, in Hollywood. Getty Images

7:05 p.m. EST: ***OK, it's officially time to switch over to ABC for its red carpet coverage before the big show. Change your TV over to ABC now to continue to follow along with this live blog.***

7:03 p.m. EST: #GreenDress.

7:01 p.m. EST: Wearing green to represent Ireland and nailing it.

6:57 p.m. EST: There's still about an hour and a half to prep your Oscar party for IBTimes' drinking game! (Please drink responsibly).

6:56 p.m. EST: Leo! Leo! Leo!

6:55 p.m. EST: Last year's Best Actor winner, Eddie Redmayne, arrives at the 2016 Oscars.

6:53 p.m. EST: Seacrest just wrapped up an interview with Oliva Wilde. My goodness... Jason Sudeikis looks elegant.

6:51 p.m. EST: "Star Wars: The Force Awakens" star Daisy Ridley stuns on the red carpet.

6:50 p.m. EST: Don't worry, only 4 and a half hours left to go.

6:46 p.m. EST: Priyanka Chopra is presenting tonight. Here's a list of the other Oscar presenters that will show up tonight, courtesy of The International Business Times' own @ItsMegSchaefer.

6:44 p.m. EST: Can this kid get any cuter? (via The Hollywood Reporter)

6:42 p.m. EST: Thoughts on Pharrell's new look? He'll be presenting an award with Quincy Jones later tonight:

6:40 p.m. EST: This is what an EGOT winner looks like:

6:37 p.m. EST: Wondering what Sophie Turner was talking about with her green dress? @AmandaTVScoop has everything you need to know.

6:35 p.m. EST: Wow.

6:34 p.m. EST: "I see a lot of legs. That's my perspective." - Jacob Tremblay showing he's got some serious joke skills on the 2016 Oscars red carpet.

6:31 p.m. EST: Sophia Vergara will present tonight at the 88th annual Academy Awards.

Oscars 2016
Actress Sophia Vergara will be one of the many presenters at the 2016 Oscars. She's pictured here arriving at the red carpet on Feb. 28, 2016 in Hollywood. Getty Images

6:29 p.m. EST: If you're obsessed with tonight's fashion, check out this roundup of all the best looks. The International Business Times' own @NKMass will be updating throughout the night.

6:27 p.m. EST: Don't forget to check below to take our poll on whether or not this is Leo's night.

6:26 p.m. EST: Lucky kid.

 

In the car! #Oscars

A photo posted by Jacob Tremblay (@jacobtremblay) on

6:25 p.m. EST: Agreed.

6:23 p.m. EST: Ryan Seacrest got Wolfgang Puck to give Sam Smith some English tea with British milk. What a nice guy! Smith is nominated tonight for his song from "Spectre" called "Writing's on the Wall."

6:21 p.m. EST:

6:18 p.m. EST: "I was like, 'How dare you? I'm going to call my attorneys, Pixar is done." - Mindy Kailing jokes about her "Inside Out" character, Disgust, on the Oscars red carpet.

6:15 p.m. EST: Ugh, even Brie Larson's "before" picture is beautiful.

 

Highly concentrated breakfast eater. _ by @alexandergreenwald

A photo posted by Brie (@brielarson) on

6:14 p.m. EST: Fingers crossed that this isn't a gag.

6:11 p.m. EST: “Definitely Selena Gomez, I was thinking of my daughters.” - “The Big Short” director Adam McKay on casting.

6:08 p.m. EST: Rocky is on his way to the Oscars for his nomination for "Creed."

 

On my way to the Oscars… It's been a most memorable year.

A photo posted by Sly Stallone (@officialslystallone) on

6:06 p.m. EST: Worst dressed?

6:04 p.m. EST: Gena Rowlands says her son just did "alright" at directing "The Notebook." Take that as you will.

6:02 p.m. EST:

6:01 p.m. EST: Did Sophie Turner reveal that Sansa doesn't die on Season 6 of "Game of Thrones" just now?

5:59 p.m. EST: Andy Serkis looks better in a tux than a motion capture suit, who knew?

5:58 p.m. EST: It's time to ask the important question, will Leonardo DiCaprio finally win his Oscar? Take out poll:

5:57 p.m. EST: Wow.

5:55 p.m. EST: The calm before the storm. The stars are just starting to arrive at the 2016 Academy Awards.

Oscars 2016
Press/media prepare on the red carpet during the 88th Annual Academy Awards at Hollywood & Highland Center on February 28, 2016. Getty Images

5:52 p.m. EST: That's a big deal. Hit the SAP button on your remote to watch in Spanish on E!.

5:50 p.m. EST: "Getting the material ready without the press putting every bit of material in a magazine." - Chris Rock on prepping for his first Oscars gig in 2005

5:45 p.m. EST: While we wait for her to comment on other people's dresses, let's take a moment to check out Rancic's attire:

5:44 p.m. EST: Seacrest just revealed that the locket was a gag gift. Stay tuned to see him give her the real one later.

5:42 p.m. EST: Oh, and Giuliana Rancic gets chocolate cake, champagne and a tin locket from Ryan Seacrest. Awesome. She's also not grateful.

5:41 p.m. EST: They get king crab at the red carpet made by Wolfgang Puck? I'm eating popcorn in a paper bowl!

5:36 p.m. EST:

5:33 p.m. EST: Starting off the right way with an interview with a musician...Yeah.

5:30 p.m. EST: Here we go, the show hasn't started on ABC just yet, but you can follow along with us on E! for its coverage of the red carpet.

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